BANK NIFTY
▫️On Friday 03.05.2024
last traded price 48923.55
▫️Day's Trade range
48659.70 low
49607.75 high
◻️Bank Nifty had a volatile 1000+points range move on Friday
◻️ Technical set-up:
Banknifty exactly closed below the parallel channel trendline support on Friday . Week close although recovered 300 points from low
▫️Supports:
48740 intraday support
48660 strong weekly support 🚧
48525
48404
48250
48090
▫️Resistance:
49025
49125 strong intraday resistance 🚧
49207
49352
49497
49610
▫️Trend decider price zone on closing basis :
49210 above 🐂
48660 below 🐻
◽Trade set-up :
▫️buy above 49150
Keeping stoploss as
48980 (intraday)
48750 (positional)
For targets 🎯
49210 / 49350 / 49425
(Intraday trades targets 🎯)
49495 / 49620 / 49705 /49880+
(Positional trade targets 🎯)
▫️On Friday 03.05.2024
last traded price 48923.55
▫️Day's Trade range
48659.70 low
49607.75 high
◻️Bank Nifty had a volatile 1000+points range move on Friday
◻️ Technical set-up:
Banknifty exactly closed below the parallel channel trendline support on Friday . Week close although recovered 300 points from low
▫️Supports:
48740 intraday support
48660 strong weekly support 🚧
48525
48404
48250
48090
▫️Resistance:
49025
49125 strong intraday resistance 🚧
49207
49352
49497
49610
▫️Trend decider price zone on closing basis :
49210 above 🐂
48660 below 🐻
◽Trade set-up :
▫️buy above 49150
Keeping stoploss as
48980 (intraday)
48750 (positional)
For targets 🎯
49210 / 49350 / 49425
(Intraday trades targets 🎯)
49495 / 49620 / 49705 /49880+
(Positional trade targets 🎯)
NIFTY
On Friday 03.05.2024
last traded price 22475.85
Day's Trade range :
22348.05 low
22794.70 high
Nifty had a huge 450 points trade range .
Technical set-up:
Nifty after a short time trading above all time high made double top and fell to bottom trendline support of parallel channel. At the end of day had a recovery close to 100 points odd from support.
Strong cap at 22635 to 22645
(upside)
Strong cap at 22330 to 22329
(downside)
Trend decider price zone on closing basis :
22325 below 🐻
22650 above 🐂
Supports:
22425
22380
22330
strong weekly support 🚧
22222
Resistance:
22540
22580
22609
22640
strong weekly resistance 🚧
22713
22775
Trade set-up :
As per us markets momentum closing in positive zone and gift nifty last close. Our market is expected to open gap up.
SELL NIFTY
when spot price
In range 22630 to 22640
Keeping stoploss as 22710 on closing basis for targets 🎯
22610 / 22575 / 22540
22505 / 22475 / 22425
And below
On Friday 03.05.2024
last traded price 22475.85
Day's Trade range :
22348.05 low
22794.70 high
Nifty had a huge 450 points trade range .
Technical set-up:
Nifty after a short time trading above all time high made double top and fell to bottom trendline support of parallel channel. At the end of day had a recovery close to 100 points odd from support.
Strong cap at 22635 to 22645
(upside)
Strong cap at 22330 to 22329
(downside)
Trend decider price zone on closing basis :
22325 below 🐻
22650 above 🐂
Supports:
22425
22380
22330
strong weekly support 🚧
22222
Resistance:
22540
22580
22609
22640
strong weekly resistance 🚧
22713
22775
Trade set-up :
As per us markets momentum closing in positive zone and gift nifty last close. Our market is expected to open gap up.
SELL NIFTY
when spot price
In range 22630 to 22640
Keeping stoploss as 22710 on closing basis for targets 🎯
22610 / 22575 / 22540
22505 / 22475 / 22425
And below
Hi friends
Hope you all like the post on
NIFTY
BANK NIFTY
have a fantastic trading week ahead
Hope you all like the post on
NIFTY
BANK NIFTY
have a fantastic trading week ahead
▫️Hi FTU friends each admin of the channel spend lots of their personal time to work on charts and post free for you guys .
▫️It hardly takes 5 to 10 seconds to like the post. It's the recognition you give to each admin here .
▫️It will boost them to post more quality calls here in FTU.
wish you all a profitable trading week 💰
▫️It hardly takes 5 to 10 seconds to like the post. It's the recognition you give to each admin here .
▫️It will boost them to post more quality calls here in FTU.
wish you all a profitable trading week 💰
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FTU CHART
#Nifty 2009 Election Result 👋 Election se phele Spike setup and 30% up
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#Nifty 2024 Election 👋
Election se phele SPIKE IT UP SETUUPPPPPP🥳
Jaldi bataao kon kon ye spike Mai Rally karnaa chahata haii💃
Election se phele SPIKE IT UP SETUUPPPPPP
Jaldi bataao kon kon ye spike Mai Rally karnaa chahata haii
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Spike setup means Vcp ! 👋
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